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Flats out of fashion with first time buyers

First-time buyers are keen to jump straight to a house, leading to cheaper apartment prices, experts say.

Source: BBC News - Business | 19 Jun 2019 | 11:44 pm(NZT)

Harley-Davidson strikes deal to make smaller bikes in China

Harley-Davidson Inc will partner with China's Qianjiang Motorcycle Co to produce a new smaller model bike, making good on promises to build more motorcycles outside the United States that have angered President Donald Trump.

Source: Reuters: Business News | 19 Jun 2019 | 11:44 pm(NZT)

Airbus and Boeing aircraft deals at Paris Airshow

Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow.

Source: Reuters: Business News | 19 Jun 2019 | 11:42 pm(NZT)

Qatar Airways orders five Boeing 777F freighters

Qatar Airways is buying five new 777F Boeing Co freighters as it works to increase its footprint around the world, the airline said on Wednesday at the Paris Airshow.

Source: Reuters: Business News | 19 Jun 2019 | 11:42 pm(NZT)

After Boeing showstopper, Airbus bounces back with Franke deal

Airbus struck a 50-plane deal with veteran low-cost airline investor Bill Franke on Wednesday, bouncing back from the potential loss of a major customer a day earlier when IAG placed a lifeline order for Boeing's grounded 737 MAX jet.

Source: Reuters: Business News | 19 Jun 2019 | 11:42 pm(NZT)



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Electric planes start small as industry wrestles with emissions

An all-electric commuter plane and a small Airbus-backed hybrid are among aircraft programs being touted at the Paris Airshow, as the industry tries to convince a skeptical public it can deliver on a pledge to halve carbon emissions by 2050.

Source: Reuters: Business News | 19 Jun 2019 | 11:26 pm(NZT)

Oil inches down as inventory data counters trade deal hopes

Oil prices ticked down on Wednesday as data suggesting a smaller-than-expected fall in U.S. crude inventories countered support from hopes for a U.S.-China trade deal.

Source: Reuters: Business News | 19 Jun 2019 | 11:01 pm(NZT)

Adidas three-stripe trademark ruled invalid by EU court

Adidas' three-stripes have been ruled invalid as a trademark by a European Union court which said they lacked a distinctive character recognizable throughout the 28-country bloc.

Source: Reuters: Business News | 19 Jun 2019 | 10:58 pm(NZT)

Britain's Tesco says no timetable for 'finest' store launch

Tesco, Britain's biggest retailer, said it is considering trialing an upmarket convenience store under the 'Tesco finest' banner but has not disclosed when a pilot would start.

Source: Reuters: Business News | 19 Jun 2019 | 10:55 pm(NZT)

Wizz Air CEO looks to connect the dots with new long-range A321s

Wizz Air will use 20 new extended-range, narrow body Airbus jets primarily to connect existing destinations in its disparate network rather than to fly to new places, the budget airline's Chief Executive Jozsef Varadi said on Wednesday.

Source: Reuters: Business News | 19 Jun 2019 | 10:52 pm(NZT)



CDB Aviation places order for CFM's LEAP-1A engines worth over $1.3 billion

CDB Aviation has placed an order for CFM International's LEAP-1A engines worth more than $1.3 billion at list prices, said CFM shareholder Safran.

Source: Reuters: Business News | 19 Jun 2019 | 10:50 pm(NZT)

Central banks' dovish cooing keeps world stocks lulled near two-week highs

World stocks held near two-week highs on Wednesday as investors bet on a worldwide wave of central bank stimulus, with expectations building that the United States and the euro zone may deliver interest rate cuts as early as July.

Source: Reuters: Business News | 19 Jun 2019 | 10:48 pm(NZT)

Apple explores moving 15-30% of production capacity from China: Nikkei

Apple Inc has asked its major suppliers to assess the cost implications of moving 15%-30% of their production capacity from China to Southeast Asia as it prepares for a restructuring of its supply chain, according to a Nikkei Asian Review report on Wednesday.

Source: Reuters: Business News | 19 Jun 2019 | 10:16 pm(NZT)

Would you call this a vegetable tube?

Why some people aren't happy that words like 'burger' and 'sausage' are being used to describe vegan products.

Source: BBC News - Business | 19 Jun 2019 | 10:13 pm(NZT)

Premier Inns sees sales slide again

The UK's largest hotel operator blames "weak trading conditions" for a fall in demand for its rooms.

Source: BBC News - Business | 19 Jun 2019 | 8:23 pm(NZT)

HK billionaire to pay $14m in tuition fees for Chinese students

Li Ka-Shing has pledged to pay tuition fees for a group of Chinese students through his foundation.

Source: BBC News - Business | 19 Jun 2019 | 8:21 pm(NZT)

Secret company registers in Crown Dependencies to be made public

The UK's Crown Dependencies have set out a timetable to open up on company ownership.

Source: BBC News - Business | 19 Jun 2019 | 5:00 pm(NZT)

US-China trade war: Officials to resume talks before G20

Mr Trump says he will have an "extended meeting" with Chinese President Xi Jinping at the G20 next week.

Source: BBC News - Business | 19 Jun 2019 | 3:21 pm(NZT)



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The 'monsoon' rain hitting UK business

The heavy rain is hurting businesses that depend on good weather - is there any sign of sunnier outlook ahead?

Source: BBC News - Business | 19 Jun 2019 | 11:02 am(NZT)

I'm in work 'but still struggling to get by'

Poverty among those who are working has risen, but many more people are now in work, research indicates.

Source: BBC News - Business | 19 Jun 2019 | 11:00 am(NZT)

Boeing 737 Max: BA-owner IAG signs deal to buy 200 planes

Airline group IAG says it has "every confidence" in Boeing as it signs a letter of intent to buy 200 planes.

Source: BBC News - Business | 19 Jun 2019 | 5:38 am(NZT)

Heathrow reveals expansion 'masterplan'

Plans for a third runway, as well as new terminals to be built in phases, go out to public consultation.

Source: BBC News - Business | 19 Jun 2019 | 2:21 am(NZT)

Facebook reveals digital currency details

Users will be able make payments with the currency via Facebook's apps and WhatsApp.

Source: BBC News - Business | 18 Jun 2019 | 9:18 pm(NZT)

KFC's vegan burger: Could it wean you off chicken?

The fried chicken firm is the latest fast food chain to join the vegan bandwagon, with mixed results.

Source: BBC News - Business | 18 Jun 2019 | 8:49 pm(NZT)

Amazon Faces Investor Pressure Over Facial Recognition

Shareholders are voting on whether to push the tech giant to examine the human rights and financial risks of the surveillance technology.

Source: NYT > Business | 20 May 2019 | 9:00 pm(NZT)

Whitney Houston’s Estate Plans a Hologram Tour and a New Album

The family of the singing star, who died seven years ago, has reached a deal with the marketing company behind the posthumous resurgence of Bob Marley.

Source: NYT > Business | 20 May 2019 | 9:00 pm(NZT)

In a Surprise, Japan’s Economy Grew in the First Quarter, Despite a Slowdown in China

But the strong figure masks lingering weakness, giving Prime Minister Shinzo Abe a mixed bag as he tries to strike a trade deal with the U.S.

Source: NYT > Business | 20 May 2019 | 5:53 pm(NZT)

Rain Much on Your Vacation? One Italian Island Offers Hotel Refunds

Tourists who visit Elba, off the coast of Tuscany, get one night back for every day during which it rains for more than two hours at a time.

Source: NYT > Business | 20 May 2019 | 4:18 pm(NZT)

As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money

The government profited and looked away as thousands of immigrant taxi drivers in New York were ravaged by exploitative loans.

Source: NYT > Business | 20 May 2019 | 4:04 pm(NZT)

TripAdvisor Modified Its Approach to Reviews and Sexual Assault. Did It Go Far Enough?

A woman assaulted by a tour guide says the company’s policies discourage reporting and keep travelers from finding out the truth.

Source: NYT > Business | 20 May 2019 | 3:36 pm(NZT)

‘They Were Conned’: How Reckless Loans Devastated a Generation of Taxi Drivers

Thousands of immigrants who were chasing the dream of owning a New York taxi were trapped in reckless loans by bankers who made huge profits, The Times found.

Source: NYT > Business | 20 May 2019 | 2:24 pm(NZT)

Deadly Germs, Lost Cures: Citrus Farmers Facing Deadly Bacteria Turn to Antibiotics, Alarming Health Officials

In its decision to approve two drugs for orange and grapefruit trees, the E.P.A. largely ignored objections from the C.D.C. and the F.D.A., which fear that expanding their use in cash crops could fuel antibiotic resistance in humans.

Source: NYT > Business | 20 May 2019 | 12:29 pm(NZT)

Mediator: Social Media Pollution, a Huge Problem in the Last Election, Could Be Worse in 2020

As a candidate, Donald Trump promoted a mystery Twitter account that falsely portrayed a protester as an ISIS terrorist. Nothing stops him from doing it again.

Source: NYT > Business | 20 May 2019 | 11:49 am(NZT)

Who Is Robert F. Smith, the Man Paying Off Morehouse Graduates’ Loans?

Mr. Smith amassed a fortune estimated to be worth $5 billion by founding a private equity firm. He’s also the chairman of the board of Carnegie Hall.

Source: NYT > Business | 20 May 2019 | 10:58 am(NZT)

As ‘Rocketman’ Prepares to Take Off, Hollywood Holds Its Breath

Depending on ticket sales, the R-rated musical fantasia about Elton John could have ripple effects for its star, its studio and the wider film industry.

Source: NYT > Business | 20 May 2019 | 10:45 am(NZT)

Tech Jobs Lead to the Middle Class. Just Not for the Masses.

The great hope for people without a bachelor’s degree hasn’t yet spread beyond small-scale success stories.

Source: NYT > Business | 20 May 2019 | 7:20 am(NZT)















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